Hong Leong Vietnam Fund

Instructor: Le Phuong Lan, MSc

Each member’s work and assessment: | Work | 1. Nguyen Thu Ha | Chapter II.4. Evaluation of portfolio management of fund | 2. Nguyen Thu Huong | Chapter I.2 Evaluation methods of portfolio management | 3. Hoang My Linh | Chapter II. Portfolio selectionCollect and edit the assignment | 4. Nguyen Thu Thuy | Chapter I.1. Overview of portfolio management of fundChapter II.1. Overview of HLVFChapter III. Conclusion and Recommendation | 5. Bui Cam Tu (leader) | Chapter II.3. Analysis of portfolio management of HLVFMake outlineAssign work and supervise other members |

Comments: * All members have done their best to complete their parts and hand in on time. * In particular, Hoang My Linh was very enthusiastic to find data and information at the beginning of this assignment.

TABLE OF CONTENTS
PREFACE 1
INTRODUCTION 2
CHAPTER I: LITERATURE REVIEW 3 1. Overview of portfolio management of fund 3 a. Definition 3 b. Roles of portfolio management 3 c. Classification 4 d. Portfolio manager 5 2. Evaluation of portfolio management 5
CHAPTER II: ANALYSIS OF PORTFOLIO MANAGEMENT OF HONG LEONG VIETNAM FUND (HLVF) 10 1. Overview of Hong Leong Vietnam Fund 10 a. Brief history of Hong Leong Vietnam Fund 10 b. Overview of Hong Leong Vietnam Fund (HLVF) 11 2. Portfolio selection 12 a. Fund breakdown by quarters (from 2009 to 2011) 12 b. Sector breakdown by quarters (2009 – 2011) 16 c. Top fund holdings 20 3. Analysis of portfolio management strategies of HLVF 23 a. Active equity portfolio management strategies 23 b. Fundamental analysis: “Bottom-up” 24 c. Investment Style analysis: “Value-oriented investment style” 26 d. Summary 28 4. Evaluation of portfolio performance of HLVF 29 a. HLVF’s performance measured against investment objective 29 b. Composite Portfolio Performance measures 30 c. Components of investment performance 35
CHAPTER III: CONCLUSION AND